2016 BMW 3 Series Insurance Quotes – 5 Tips for Cheapest Rates

Searching for cheaper auto insurance rates for your BMW 3 Series? If you are a novice to online auto insurance shopping, it’s easy to be confused of companies that all say they have the best rates.

If you currently have car insurance, you should be able to save some money using this information. Shopping for affordable coverage is easy if you know what you’re doing. But vehicle owners must understand the methods companies use to price insurance differently and take advantage of how the system works.

Do you qualify for these five discounts?

Car insurance companies do not advertise every discount they offer very well, so the next list breaks down some of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy insurance coverage online.

• Bundle and Save – If you can bundle your auto and homeowners insurance and place coverage with the same company you will save at least 10 to 15 percent or more.
• Membership in Organizations – Joining qualifying clubs or civic groups can get you a small discount on your policy.
• Theft Prevention System – Vehicles with anti-theft systems are less likely to be stolen and qualify for as much as a 10% discount.
• Good Students Pay Less – Excelling in school can be rewarded with saving of up to 25%. The good student discount can last well after school through age 25.
• Senior Citizen Discount – Drivers over the age of 55 may receive a discount up to 10% on 3 Series coverage.

Don’t be shocked that some of the credits will not apply the the whole policy. Most only apply to the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like you can get free auto insurance, you’re out of luck.

If you would like to see a list of insurers that offer discounts, follow this link.

The best way we recommend to get rate comparisons is to know the trick most of the larger companies allow for online access to provide you with a free rate quote. The only thing you need to do is provide information like whether you drive to work or school, if it has an anti-theft system, what your job is, and if the vehicle is leased. Your details is sent automatically to insurance companies and you get price estimates quickly.

If you wish to get multiple quotes for your 2016 BMW 3 Series now, click here and find out if lower rates are available.

Don’t assume everyone needs the same insurance coverage coverage

When it comes to buying the best insurance coverage coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every situation is different.

For example, these questions could help you determine if you might need an agent’s assistance.

• Am I covered if I crash into my own garage door?
• Is a new car covered when I drive it off the dealer lot?
• Can I make deliveries for my home business?
• When would I need rental car insurance?
• Should I buy additional glass protection?
• Are all vehicle passengers covered by medical payments coverage?
• Can I rent a car in Mexico?
• What is covered by UM/UIM coverage?
• Should I put collision coverage on all my vehicles?
• Can I afford to pay high deductible claims out of pocket?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form.

Detailed coverages of your car insurance policy

Understanding the coverages of your car insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement.

Liability auto insurance

This coverage can cover damage or injury you incur to other people or property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers claims such as medical services, attorney fees and structural damage. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as rehabilitation expenses, EMT expenses, doctor visits, surgery and X-ray expenses. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive auto coverage

This coverage covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, damage from flooding, rock chips in glass, damage from a tornado or hurricane and hail damage. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage protection

This coverage will pay to fix damage to your 3 Series resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like hitting a parking meter, hitting a mailbox, rolling your car and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible to bring the cost down.

At the end of the day…

Throughout this article, we presented some good ideas how you can get a better price on 2016 BMW 3 Series insurance. It’s most important to understand that the more price quotes you have, the better your comparison will be. Consumers may even find the best price on insurance is with some of the lesser-known companies.

Consumers leave their current company for any number of reasons including being labeled a high risk driver, high rates after DUI convictions, unfair underwriting practices and even poor customer service. It doesn’t matter why you want to switch finding a great new company can be easier than you think.

Some insurance companies may not offer internet price quotes and these small, regional companies prefer to sell through local independent agencies. Affordable 2016 BMW 3 Series insurance is available from both online companies in addition to local insurance agencies, and you need to comparison shop both so you have a total pricing picture.

Much more information about insurance can be read on the following sites:

• Shopping for a Safe Car (Insurance Information Insitute)
• Winter Driving (Insurance Information Insitute)
• Help Your Teen Be a Better Driver (State Farm)
• Insurance Losses by Make and Model (iihs.org)